James K.Galbraith argues in this piece published in the Guardian that the United States economy has for too longer fostered inequality and reduce the poorest in society to a state of near-penury and the insecurity of living from hand to mouth.

He suggests a number of solutions to the widening inequality - based on strengthening the benefit system, boosting the minimum wage and investing in infrastructure and fighting climate change among other things.

He writes:

"In the 1980s, taxes were shifted away from personal & corporate incomes & capital gains & toward payrolls & sales – [resulting in the] … rise of an oligarchy ... The remedy now is to tax these accumulations … to bring the new plutocrats back to earth.”

"On one side, oceans of wealth and power. On the other, precarity and powerlessness."